Surat, November 5: Hyundai unveiled its all-new Venue in a multi-location launch across Navjivan Hyundai showrooms in Udhna, Adajan and Parvat Patiya, drawing strong interest from customers eager for the brand’s latest compact SUV. The vehicle was introduced in the presence of Navjivan Hyundai directors Deepak Gajjar and Hitesh Gajjar, alongside PI V. A. Jogarana from Adajan and PI V. R. Rabari from Khatodara.

The all-new Venue will be offered with both petrol and diesel engine options paired with manual or automatic transmissions. Hyundai is highlighting a safety suite featuring more than 60 safety features and six airbags, complemented by a 12.3-inch HD infotainment system and over 70 Blue Link connected features. The company also emphasised a spacious passenger cabin with ample legroom and headroom, plus a sunroof. Advanced driver assistance is available with ADAS Level 2, which the dealership said bundles 21 safety functionalities.

Navjivan Hyundai’s general manager Kaushik Jariwala provided an overview of the model during the launch programme, noting the combination of comfort, connectivity and protection designed for urban and highway use. Interested customers can contact Navjivan Hyundai at 9376693766 for further information or test-drive enquiries.

New Delhi, October 3. Major companies across sectors including automobiles, consumer electronics and fast-moving consumer goods have reported record sales during the Navratri festival period, according to data shared by leading firms. This surge in sales has been significantly supported by recent Goods and Services Tax (GST) reforms that sharply reduced tax rates, leading to lower prices for consumer goods, home appliances, air conditioners and vehicles.

As per agency report, the industry witnessed a strong pickup in sales starting September 22, the first day of the implementation of the reduced GST rates. Encouraged by this momentum, manufacturers in the automobile, consumer durables and electronics sectors are expecting double-digit growth in both volume and value during the 45-day festive season, which concludes after Diwali.

Maruti Suzuki India, the country’s largest car manufacturer, recorded sales of 1.65 lakh units in the first eight days of Navratri, marking its highest sales in a decade. The company expects to touch the two lakh units mark during the festival period. Maruti Suzuki also reported a pending order backlog of around 2.5 lakh units. In comparison, it had sold 85,000 vehicles during last year’s Navratri. Other automobile companies, including Tata Motors, Mahindra & Mahindra and Hyundai Motor India, also registered strong sales during this time.

Home appliance and consumer electronics manufacturers such as LG, Haier and Godrej Appliances achieved double-digit sales growth compared to last year’s Navratri. Haier Appliances India reported a year-on-year growth of nearly 60 percent during the period. Retail giant Reliance Retail also saw its sales rise by 20 to 25 percent compared to last year’s Navratri season.

The combination of tax reductions, competitive pricing, and strong festive sentiment has resulted in robust demand across sectors, setting a positive tone for the remainder of the festive season.

Surat – Honda Motorcycle and Scooter India (HMSI) organized a grand launch of its two latest models, the Honda CB 125 Hornet and the Honda Shine 100 DX, at the renowned VR Mall in Surat. The launch ceremony was graced by the presence of HMSI Zonal Manager Navneet Kaushal, Sales Area Incharges Dhananjay Dwivedi and Rajat Tiwari, and Service Area Incharge Shahid Kashli. The event saw large participation from Surat's leading Honda dealers, motorcycle enthusiasts, and a wide range of customers.

Navneet Kaushal highlighted that Surat is currently Honda’s strongest market, contributing to nearly 50% of its regional market share. He reaffirmed Honda's long-term commitment to delivering innovation, quality, and reliable service to customers in Surat.

The newly launched Honda CB 125 Hornet is a premium 125cc streetfighter designed especially for the youth. It has been built with a focus on both style and performance. Key highlights of this model include golden USD forks—offered for the first time in this segment, a sporty tank-mounted key ignition system, a TFT digital meter providing modern interface and complete ride information, and the inclusion of a mono-shock rear suspension with single-channel ABS for enhanced comfort and safety.

The Honda Shine 100 DX, a highly reliable commuter bike, now comes with upgraded features aimed at daily riders. It offers excellent performance, mileage, and style, making it even more desirable. The Shine 100 DX is equipped with a clear digital meter, 5-step adjustable rear suspension for a smooth ride, an impressive mileage of 70 km/l, and attractive chrome plating for a stylish look.

Customer feedback also added value to the event, with local rider Akash Kandoriya sharing his satisfaction with the CB 125 Hornet. He expressed that the bike impressed him with its looks, comfort, and tested mileage of around 65 km/l, which is commendable for a 125cc engine.

The launch event demonstrated HMSI’s ongoing commitment to innovation and customer satisfaction, further solidifying its presence in Surat. Honda aims to continue expanding in Surat and across South Gujarat through its focus on advanced technology, reliable service, and trusted products.

New Delhi, May 1 — Kia India reported an 18 percent year-on-year increase in its domestic sales for April 2025, with total dispatches reaching 23,623 units. As per agency report, the automaker had sold 19,968 units in April 2024.

In a company statement, Kia India said the compact SUV Sonet led the sales charts with 8,068 units sold, followed by the mid-sized SUV Seltos with 6,135 units. The Carens registered 5,259 units in sales, while the newly launched Cyros recorded an impressive 4,000 units. The premium MPV Carnival Limousine contributed 161 units to the overall figures.

Hardeep Singh Brar, Senior Vice President and Head of Sales and Marketing at Kia India, stated that the company is focused on delivering progressive, customer-centric mobility solutions aligned with evolving consumer aspirations.

The automaker also announced that it is gearing up to unveil its new offering, the Kia Clavis, on May 8. According to the company, this innovative product aims to set new benchmarks in the segment and is designed to cater to the diverse needs of Indian consumers.

New Delhi, April 21 – Hyundai Motor India announced on Monday that Sports Utility Vehicles (SUVs) accounted for 68.5 percent of its total vehicle sales in the financial year 2024-25, reflecting a sharp shift in consumer preference towards this segment. The figure marks an eight percent rise in SUV contribution compared to the previous financial year.

As per agency report, the automaker’s total sales for the year stood at 7,62,052 units, slightly lower than the 7,77,876 units sold in 2023-24. Out of this, domestic sales accounted for 5,98,666 units while exports contributed 1,63,386 units.

Hyundai expects the share of SUVs in its overall sales to cross the 70 percent mark in the coming year, buoyed by strong demand and evolving market trends. The company also observed a significant surge in consumer preference for vehicles equipped with premium features. Notably, sales of models with sunroof installations grew by 53 percent, indicating rising aspirations for enhanced comfort and luxury among Indian buyers.

Tarun Garg, Chief Operating Officer of Hyundai Motor India, described FY 2024-25 as a landmark year for the company. He stated that two out of every three Hyundai vehicles sold in India during this period were SUVs.

Among its models, the Creta emerged as the best-selling vehicle in the domestic passenger vehicle segment for March 2025, with sales of 18,059 units.

Chennai, April 18 — TVS Motor Company has introduced the 2025 edition of its super-premium motorcycle, the Apache RR310, packed with upgraded features and enhanced performance. The company announced the launch on Friday, stating that the latest version complies with the stricter OBD-2B (On-Board Diagnostics) emission norms.

As per agency report, the new Apache RR310 is priced at Rs 2,77,999 (ex-showroom) and will be available with three built-to-order customization options. It features four riding modes – Track, Sport, Urban, and Rain – and delivers 38 PS at 9,800 RPM.

The 2025 version comes equipped with several new additions, including launch control, cornering drag torque control, a Gen-2 race computer, and newly designed eight-spoke alloy wheels. These enhancements aim to provide riders with a more refined and race-oriented experience.

OBD-2B compliance signifies adherence to stringent emission standards by incorporating an advanced on-board diagnostic system that monitors real-time performance and emissions.

Vimal Sumbly, Head of Premium Business at TVS Motor, noted that since its launch in 2017, the Apache RR310 has established itself as a formidable force in the super-premium sports bike segment. He highlighted the model’s race-bred DNA and its continual evolution in performance benchmarks.

Additionally, the company has introduced a new color variant for the model – the Sepang Blue Race Replica, further enhancing its aesthetic appeal for sportbike enthusiasts.

New Delhi, April 2 – Maruti Suzuki India (MSI), the country’s largest car manufacturer, has announced that it will increase prices across several of its models starting April 8, with hikes ranging between Rs 2,500 and Rs 62,000.

As per agency report, the company informed stock exchanges on Wednesday that the decision has been driven by rising input costs, operational expenses, regulatory changes, and the inclusion of new features in vehicles. Despite efforts to absorb a significant portion of the cost pressures, Maruti Suzuki stated that it is now compelled to pass on some of the burden to customers.

The price adjustment will vary depending on the model. The compact SUV Fronx will see an increase of Rs 2,500, while the Dzire Tour S will become costlier by Rs 3,000. Multi-purpose vehicles XL6 and Ertiga will see a hike of Rs 12,500.

Additionally, the price of the compact model Wagon R is set to rise by Rs 14,000, and the Eeco van by Rs 22,500. The company emphasized its commitment to maintaining cost-efficiency and minimizing the impact on customers, even as it navigates escalating manufacturing and compliance costs.

New Delhi, March 28 – India’s used car market has been growing steadily at a rate of 10 to 12 percent annually over the past two to three years and is now poised to surpass the new car market in sales volume by the financial year 2025-26. Industry insiders attribute this growth to rising consumer demand, which has also led to a steady increase in the average prices of used vehicles.

According to Neeraj Singh, Founder and CEO of used car platform Spinny, the value of the used car market in India is expected to reach $40 billion in FY26, with estimated sales volumes between 6.5 to 7 million units. This would outpace the new car market, which currently stands at around $43 billion and reached a historic high of 4.2 million vehicle sales in FY24. The new car segment is projected to grow marginally by one to two percent, reaching around 4.5 to 4.6 million units in FY26.

Cities like Bengaluru, Hyderabad, and Pune are seeing particularly strong growth in used car sales. Singh highlighted that the most notable surge in demand has been for vehicles in the ₹6 to ₹8 lakh price range, especially compact SUVs, which appeal to buyers due to their performance, spaciousness, pricing, and aspirational value.

This increased demand has also pushed up the average transaction price in the used car market. Singh noted that the average selling price of used cars in India currently ranges between ₹4.5 to ₹5 lakh and has risen by 10 to 15 percent over the past two to three years. Budget cars priced between ₹3 to ₹5 lakh have seen a price increase of around 10 to 12 percent, while mid-range vehicles in the ₹5 to ₹10 lakh bracket have experienced a 14 to 16 percent jump. Premium models and SUVs have registered the sharpest price hikes.

The expansion of the used car market is expected to have a positive ripple effect on allied sectors such as tyres and vehicle financing. Singh also projected a robust compound annual growth rate (CAGR) of 12 to 13 percent in the used car segment over the next seven to eight years, indicating sustained momentum in consumer preference for pre-owned vehicles across urban India.

New Delhi, March 23 : Beginning April 2025, most major automobile companies in India are set to increase the prices of their cars. Faced with rising production and operational costs, leading automakers including Maruti Suzuki, Mahindra & Mahindra, Hyundai, Tata Motors, and others have announced plans to hike vehicle prices across various models.

Maruti Suzuki India, the country’s largest passenger car manufacturer, has stated that it will increase prices of its entire range of models by up to four percent starting next month. The company’s offerings span from the entry-level Alto K10 to the premium multi-purpose vehicle Invicto, priced between Rs 4.23 lakh and Rs 29.22 lakh (ex-showroom, Delhi).

Hyundai Motor India, a key competitor of Maruti, has also confirmed a price hike of up to three percent from April 2025. The company cited increased raw material and operating costs as primary reasons for the decision.

Tata Motors is also set to raise prices across all its passenger vehicles, including electric models, making this the second price revision announced by the company in 2025. Similarly, Mahindra & Mahindra plans to increase the prices of its SUVs and commercial vehicles by up to three percent starting April.

Other manufacturers including Kia India, Honda Cars India, Renault India, and BMW have also announced price hikes across their lineups from next month.

As per agency report, Deloitte Partner and Automotive Sector Leader Rajat Mahajan explained that carmakers in India typically raise prices twice a year—once at the beginning of the calendar year and again at the start of the fiscal year. He noted that the extent of the hike often depends on currency fluctuations, as importing components becomes costlier when the Indian rupee weakens against the US dollar. Over the past six months, the rupee has depreciated by approximately three percent against the dollar, impacting sectors that rely heavily on imports.

Mahajan added that declining demand for entry-level vehicles, especially among first-time buyers and rural consumers, has further pressured automakers’ profit margins. With consistent additions of new features in vehicles, production costs have been steadily rising, prompting companies to adjust prices accordingly.

He emphasized that original equipment manufacturers (OEMs) are mindful of the price-sensitive nature of the entry-level segment and usually exercise caution when raising prices in this category.

Rohan Kanwar Gupta, Vice President and Sector Head at ICRA Corporate Ratings, stated that such price hikes are commonly implemented at the start of a new calendar or fiscal year to help offset inflationary pressures and increased operational costs due to rising commodity prices.

New Delhi, March 18 – Kia India has announced a price hike of up to three percent on its vehicles starting April 1, 2025, citing increased production and supply chain costs. The decision comes as the automaker seeks to manage rising material expenses and maintain its commitment to delivering high-quality vehicles.

As per agency report, the company attributed the price adjustment to the growing costs of raw materials and supply chain logistics, which have significantly impacted the automobile industry. The increase will be applicable across all Kia models available in the Indian market.

Hardeep Singh Brar, Senior Vice President of Sales and Marketing at Kia India, stated that while the company remains dedicated to offering exceptional value and quality to customers, the rising costs necessitate this revision. He emphasized that Kia has always aimed to provide competitively priced vehicles but now finds it essential to adjust prices to sustain the production of technologically advanced and high-quality cars.

Brar acknowledged that price hikes can be challenging for customers but assured that the adjustment is necessary to maintain Kia’s standard of innovation and excellence. The increase will affect all models under Kia India's lineup from the beginning of April.

Udaipur, March 18 – Mercedes-Maybach’s head, Daniel Lescow, expressed confidence that India has the potential to become one of the top five global markets for the brand, given the country’s growing demand for high-end luxury vehicles. As per agency report, Mercedes-Benz witnessed over 140 percent growth in Maybach sales in India last year, with total sales surpassing 500 units.

Expanding its luxury lineup in the country, Mercedes-Benz recently introduced the Maybach SL 680 Monogram series, priced at ₹4.2 crore (ex-showroom). The deliveries for this model are expected to commence early next year. Lescow highlighted that India's evolving luxury lifestyle and increasing preference for premium vehicles make it a key market for the brand’s future expansion.

Currently, China, the United States, and South Korea lead in global Maybach sales. However, Lescow emphasized that India's market is rapidly gaining traction, making it a strong contender for a top-five position worldwide. He noted that the reception of the Maybach brand among Indian consumers has been overwhelmingly positive, which is reflected in the robust sales figures.

Mercedes-Benz India offers a diverse range of Maybach models, including the S 680 Night Series, GLS 600 Night Series, EQS 680 Night Series, EQS SUV, and the locally assembled S 580 Limousine, further strengthening its presence in the Indian luxury automobile segment.

New Delhi, December 8: Vehicle manufacturers in India have announced price hikes across various car models starting January 2025, attributing the increase to rising input and operational costs. However, industry experts believe this yearly practice also aims to boost December sales, as buyers often defer purchases to the new year.

Rajat Mahajan, Partner at Deloitte India, explained, "Price hikes are typically observed at the beginning of a calendar or financial year, although some manufacturers time increases based on planned launches."

Rohan Kanwar Gupta, Vice President and Sector Head (Corporate Ratings) at ICRA, added, "Automakers generally increase prices in January to offset operational cost pressures stemming from inflation and rising commodity prices. Many manufacturers have already announced price adjustments for similar reasons."

Announcements by Major Automakers:

• Maruti Suzuki: India’s leading carmaker, selling models from the Alto K10 to the Invicto, has attributed the hike to escalating input and operational costs.
• Hyundai Motor India: Plans to raise prices by up to ₹25,000 across its model range from January 1, 2025.
• Mahindra & Mahindra: Announced a 3% price increase for its SUVs and commercial vehicles to address rising inflation and commodity prices.
• MG Motor India: Will implement up to a 3% increase across all models, citing higher input costs and external factors.
• Honda Cars India: Considering price hikes, though the exact increase has yet to be finalized.
• Luxury Car Segment:
  • Mercedes-Benz India: Plans a 3% price hike starting January.
  • Audi India: To increase prices across its range by up to 3%, citing rising input and transportation costs.
  • BMW India: Also planning a 3% price increase across its portfolio.

Industry experts note that passenger vehicle manufacturers are offering significant discounts on existing models to reduce inventory levels. The planned hikes come as a balancing act to offset rising costs while maintaining competitiveness in a price-sensitive market.